Understanding 'Money Won' and 'ROI'

Joey

Updated April 22, 2020 14:50

When creating a Bet Labs system you are able to quickly view the 'Money Won' and 'Return on Investment (ROI)' just below the title of the system.

Screen_Shot_2020-04-15_at_11.40.32_AM.png

The 'Money Won' indicates the money you would have won if you risked $100 on every match for this system.

In the example above, the system has won $20,214 based on $100 units. This equates to 202.14 units. If you bet more or less than $100, you can always figure out how many units the system has won and adjust accordingly.

'ROI' is determined by this simple formula: money won / money risked. In the example above, we would take 20,214 / (1,365+1,114+116)*100 or 20,214 / 247,900 = 0.07789 or 7.8%.

When editing systems, you'll be able to see how the 'Money Won' and 'ROI' are impacted whenever you make a change to the filters.

Understanding 'Money Won' and 'ROI'

Was this article helpful?

Comments

<%= previousTitle %>

<%= nextTitle %>

In this article

<%= heading %>

<% if (block.html_url) { %> <%= block.name %> <% } else { %> <%= block.name %> <% } %>

Still need help?

Categories

<%= category.name %>